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Founded in 2013, Bitmain Technologies, now among the world's most recognizable Bitcoin companies, was established to develop and sell the world’s leading bitcoin miners using Bitmain's ASIC chip technology. Starting with the Antminer S1, our task continuously became more difficult as bitcoin’s “difficulty level” kept rising. We followed Moore’s Law in this emerging field of ASIC chip design and pioneered it, time and again. In May of 2016 we released the Antminer S9, the world’s first consumer-grade bitcoin miner based on a 16nm process ASIC chip. This is also the world’s most power-efficient bitcoin miner, taking that title away from its predecessor, the Antminer S7.
New To Digital Currencies?
Like paper money and gold before it, bitcoin and ether allow parties to exchange value. Unlike their predecessors, they are digital and decentralized. For the first time in history, people can exchange value without intermediaries which translates to greater control of funds and lower fees.